12 April 2022

Showing posts with label saham. Show all posts
Showing posts with label saham. Show all posts

25 November 2019

Marubuzu - Candlestick

#7 candlestick formation that every trader must know

Munehisa Homma, a Japanese rice trader of financial instruments, developed candlestick charts in the 18th century. People used it to trade rice. A western author named Steve Nison introduced it to the western world through his book ‘Japanese Candlestick Charting Techniques’. He did deep research on candlesticks before publishing the book. Traders all over the world use Japanese candlesticks to analyze the charts along with other analytical tools like Fibonacci. It gained popularity in the ’90s.

Japanese Candlesticks Explained

Each candlestick describes the price action during the given time frame. A candlestick explains open, close, high and low (OHLC) prices for a period of time. If you are working on a one hour chart, then each candlestick represents one hour. You can use the candlesticks in any time frame.
Japanese candlesticks
A hollow or white candlestick is formed when the close is above the open. Similarly, a filled or black candlestick forms when the close is below the open. The hollow or filled part in the center is the actual body of the candlestick. The thin lines that you see above and below the body show the high and low range. They are called shadows.
A long white candle indicates that there is a very strong buying pressure. Similarly, a long black or filled candle shows that the selling pressure is too high. A short body means that there is very little buying or selling activity.

Basic Candlestick patterns

Spinning tops

A spinning top is a candlestick that has a long upper shadow, long lower shadow and a very short body. It can be a white or a black candle. This pattern shows indecision between the buyers and sellers.
Spinning tops - Japanese Candlestick
As you can see, the price shows little movement from open to close. That is why the body is too small. The longer shadows indicate that neither sellers nor buyers gained the upper hand. If there is a spinning top in an uptrend, it means that a very few buyers are left and that the trend may change direction. If there is a spinning top in a downtrend, it means that a very few sellers are left. This also indicates a reversal in the direction of the price.

Marubozu Candlestick

Marubozu candles have no shadows. A marubozu candlestick has just a body without any shadows.  If it is white, then the open price equals the low price and the close price equals the high price. The white marubozu shows that the buyers are in control during the entire session. It is a bullish pattern.
marobozu candlestick
If the candle is black, then the open equals the high and the close equals the low. It is a bearish candle and shows that sellers are in control.

Doji Candlestick

In a Doji candlestick, the open and the close price are the same. Because of this, its body is extremely short. The body just looks like a thin line. A doji indicates indecision between buyers and sellers. Based on the length of the upper and lower shadows, we can classify Doji into four types.
Doji - Japanese Candlesticks
If a doji forms after a series of long white candles, it indicates that buyers are weak. This means that a reversal could occur. Similarly, if a doji forms after a series of long filled candles, it shows that the sellers are weak. This also signals a reversal.

Hammer and Hanging man

Hammer and Hanging man look similar but have different meanings based on the context. They have very little bodies and long lower shadows. The upper shadows are too short or absent. The lower shadow of the hammer is about two to three times of the real body. The color of the body is not important. The candle is called either a hammer or a hanging man based on past price action.
Hammer and Hanging man - Japanese Candlesticks
A hammer is a bullish reversal pattern and it forms during a downtrend. It signals that the price will rise again. The hanging man is a bearish reversal pattern that forms during an uptrend. It signals that the price may come down.

Inverted Hammer and Shooting Star

Inverted Hammer and Shooting Star look similar too. An inverted hammer is a bullish reversal candlestick and a shooting star is a bearish reversal candlestick. They have little bodies, long upper shadows and small or absent lower shadows.
Inverted Hammer and Shooting Star - Japanese Candlestick
An inverted hammer forms at the end of a downtrend and signals that the price will rise again. Similarly, shooting star occurs at the end of the uptrend and signals that the price will come down again.



https://tradersir.com/japanese-candlesticks/ 

19 November 2019

Saham - Screener institusi

• Current Price greater than Price from 1 Week Ago
• Price from 1 Week Ago greater than Price from 2 Weeks Ago
• Price from 2 Week Ago greater than Price from 3 Weeks Ago
• Weekly Volume greater than Weekly Volume from 1 Week Ago
• Weekly Volume from 1 Wk Ago greater than Weekly Volume from 2 Wks Ago
• Weekly Volume from 2 Wks Ago greater than Weekly Volume from 3 Wks Ago
Zacks Rank less than or equal to 3
• Price greater than or equal to $5
• Average 20-day Volume greater than or equal to 100,000 shares
 -----------------------------------------------------------------------------------------------
Stock passes all of the below filters in cash segment :
 

18 November 2019

Saham - Mengikuti Institusi

High probability trading setups- Pick Direction Of Big Financial Institutions

Did you know that you can trade in the direction of big financial institutions ??
It’s not difficult to track their order flows.
You can easily differentiate between retail trader’s order flow behavior and financial institutions order flow behavior.
Learn to pick high probability setups within a few minutes.
I am going to explain how I pick the sweet spot to trade institutional order flows.
The first step is observing big financial institutional direction.
Read our post on how to identify institutional buying and selling before continuing with this informative post.

Step 1-Look for big moves on the left side of your chart

Open any chart you want to do technical analysis.
Now keep looking on the left side for an extremely big move either up or down.
You can choose any time frame you want.
I have selected a daily interval time frame chart and marked the first extreme big move.
Extreme fall of prices shows directions of big financial-institutions

Step 2-Mark the first candle from which this big move started with two horizontal lines

You can see below I have marked the candle with an arrow. According to me this candle was the beginning of the entire big move by institutions.
Marking Financial institutions trading zone
Now I have marked the entire candle with two horizontal lines.
Marking trading zone
I call this an institutional selling zone.

My trading action on this stock and reason

This stock is in a downtrend on a daily and weekly time frame.
As markets are also falling from the past few days, my trading action on this stock will be selling or shorting it.
But as I need a high probability trade setup, I am going to short this at institutional selling zone levels.

Adding price alert to trade in the direction of big financial institutions

I will add an alert on this stock just 10 points or down from this selling zone.
My trading platform shows me a popup alert the moment it crosses my marked alert price.
High of the marked candle is 388 and low is 377.10.
So I have added an alert at 367.10 on this stock.
So the moment prices reach 367.10, I will get an alert.
To trade a short position, either I will short this stock when it reaches the selling zone or I will wait for it to reach inside the zone and then go out of the zone by 1 point or 1 tick below the zone.

Buying in the direction of big financial institutions

In the same way, you can find out an extreme move upside.
This zone will be called an institutional buying zone. You can mark the entire zone with two horizontal lines and take a buy trade when prices reach again the same zone.
Take a look below.
Institutional pending orders demand zone
The moment prices entered this buying zone it moved up. So this type of zones will be very useful for traders looking for quick movements of the price.

Conclusion:

The direction of big financial institutions can help you in improving your trade success. Possibilities of unfilled order quantity in these zones are high.
This is why I call these high probability trade setups.
You can combine this with your existing strategy and build a trading system.

Saham - Kenalpasti Bila Institusi Memasuki Pasaran Saham


How To Identify Institutional Buying And Selling

By identifying institutional buying and selling levels, you will be way ahead of other traders. Your price chart clearly shows who is behind a price change-Institutions or Retail traders.
After reading this post you will be able to identify institutional buying and selling inside your regular price chart.

Look for stocks nearing trend change

Institutional investors are much interested in buying stocks that refuse to go down further.
What I mean by this are stocks that have very few sellers after a big correction or fall could produce interest in buying for institutions.
Stocks nearing trend change will have fewer sellers and will look like trading in a range.
Look at the below chart.

Trend reversal after institutional buying
This is an NSE(NATIONAL STOCK EXCHANGE) stock VEDL.
This stock almost looks exhausted with the downtrend.
It looks like at this point, people willing to sell are less. We can expect that institutions might be interested to buy at these levels.
After a long period of downtrend continuations, if the underlying asset has strong fundamentals, institutions will be interested in buying.
It doesn’t mean the prices of that underlying asset will keep on increasing further.
For a while, after institutions buy the asset, prices might shoot up.
But for continuous upside movement of price, you need more and more people buying it over a period of time.
Below is another example where institutions started buying a stock that was in a downtrend for more than a year.
Within 6-7 trading days, stock prices made a move of more than 40 %.

institutional buying confirmation
The trend is clearly changed by the institutions. Look at the big move.
This is not possible by normal retail traders.

Big candle size=institutional buying and selling

Look at candle size in the same above example. It’s not an ordinary size candle. This type of big candle is a clear indication of institutional buying.

large bullish candlestick indicates institutional buying

Large volume with sudden price change indicates institutional buying and selling

As you can see from the above-shown example of NSE stock IDEA, take a look at the volume.

big volumes confirms institutional buying
So the volume will be high when institutional buying or selling happens.
Now the question is how do you enter with the direction of institutional buying or selling ??
In the conclusion section of this post, you have a link to the post which shows you how to trade in big institution’s direction.
Ordinary volumes could be an indication of amateur retail trading.
Before seeing the spike in volume, previous volumes were normal in size. Check the normal volume size below.

small volume confirms retail traders
Sometimes you might see high volumes but not much change in price. This indicates heavy trading was done for the day on the underlying asset. This type of volume is not an indication of institutional positional buying.

Conclusion

Now you have seen the top 3 ways of identifying institutional buying and selling.
You need to trade in their direction for consistent results.